While possible, I doubt GE & Motorola were mentioned in error. If you want to look at it with an optymistic (sic) explanation, I suppose it's possible that perhaps a division of each of them signed, rather than the whole corporate entity.... a very SMALL division, unfortunately.

REGARDLESS, the point remains that TPL is signing licenses with these companies, some of whom are ALSO buying their other portfolios, and the fees are going down, not UP. The very argument PTSC's lawyers presented in suing is proving true, yet we've been told by our company that measures were taken to prevent these issues from occuring again. YET, we're not made aware of those measures other than to be told that PTSC must now sign off on all licenses.

Considering these same people signed off on the one-sided M.A. & Comm Ag., Fish Settlement, Dividends to CJ's warrant holding task master, Turley payoff, Goerner payoff, Crossflo aquisition, Veritas aquisition, Iameter aquisition, Auction Rate Securities fiasco, TPL unsecured loan, TPL additional funding, Crossflo arbitration settlement, PDSG disposition, Sharholder resolution denials, Executive bonuses for dismal performance, etc. etc. (have I missed anything?), I am NOT at all comforted that they're required to sign off on the licenses and that that will provide any protection to shareholders. Clearly, by the Alliacense announcments regarding other portfolios, the practice of multiple licenses has continued since the Apple license time frame. So PTSC is signing off on these activities, and ultimately, it's netting us even lower fees than the Apple deal fiasco.

To answer your questions as to how do we know, this that or the other? We DON'T. What we DO know is that these people failed to properly oversee these same types of issues in the distant past, the more recent past, and there's little reason to expect they've improved on their game based on the results they report, the opaqueness with which the deal with shareholders, and the gluttonous compensation with which they reward themselves relative to the job they do and the results they deliver.

What's changed?! Based on the results, and Cliff's attempts and attitude that shift responsibility from him, our BOD and TPL, and place it on the "marketplace" and on message boards, it's pretty clear nothing has changed but the "total assets" line on PTSC's balance sheet, and that's been a consistent negative change for some time. Your questions and doubts about the possible compromised integrity of our BOD are as good an explanation as any, IMO, as to how this type of activity continues to occur with impunity at PTSC.

As one poster who provides little value to the board other than to provide inane rebuttals put it,

"If it walks like a duck......"